Legal Technology News

Technology Trends Worth Noting
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

technology

Summary: There are a few technology trends that law firms and in-house departments should be paying attention to.

Technology has advanced enormously in the last ten years, the thought of where it may be in another ten years may leave some freaking out, especially those in the legal industry. As a whole, the legal industry has been slower to pick up and adapt to changes in technology but there are some changes that they should be paying close attention to. Big Law Business discusses four topics that law firms and in-house departments need to keep on top of.

  
What
Where


  1. Cybersecurity

With so much sensitive information stored on computer files and online, securing that data should be the top priority for law firms. With cybersecurity comes the new General Data Protection Regulation (GDPR) guidelines in the EU. Data security is being viewed differently as organizations are required to provide users with information on how their personal data is collected. If the users request it, organizations must be prepared to delete that information. Not complying with these requirements can cost an organization up to 4 percent of their global annual revenue.

  1. Artificial Intelligence

The use of artificial intelligence in the legal sector is gaining traction as it is providing to be a beneficial technology for law firms and in-house departments. While some attorneys may fear that “robots” will take over their job, at this time, artificial intelligence simply helps attorneys spend their time on more valuable tasks. Having programs complete mundane work such as research and contract review saves not only time but money too.

  1. Blockchain

This technology may be a little less known than the other technology trends but it is becoming more popular as cryptocurrency keeps growing. Blockchain technology is beginning to be used by the legal industry for “smart contracts.” The technology is also part of the document security and control aspect that in-house teams need to control where documents exist and who can access them.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




  1. Mobility

Technology allows users to access information and data wherever. The ease of this ability lets attorneys continue to be accessible and get more work done when away from the office. This helps improve efficiency and client satisfaction and engagement.

Do you think there is a trend that is more important for the legal industry to pay attention to? Share your thoughts with us in the comments below.



To learn more about technology’s influence on the legal industry, read these articles:

Photo: pxhere.com



 

RELEVANT JOBS

Family Law Attorney

USA-CA-Beverly Hills

Prominent family law firm in Beverly Hills is seeking an experienced attorney with a minimum of five...

Apply now

Associate Attorney, Litigation

USA-FL-West Palm Beach

WEST PALM BEACH AV RATED FIRM SEEKING A JR. ASSOCIATE ATTORNEY WITH 3-5 YEARS COMMERCIAL LITIGATION ...

Apply now

Paralegal

USA-GA-Alpharetta

Assist attorney in civil litigation. Prepare letters, discovery, arrange for court reporters, assist...

Apply now

Legal Assistant

USA-NC-Durham

Full Job Description LAW office assistant WITH Spanish COVER LETTER and RESUME, Replies w...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Associate Attorney

USA-CA-Los Angeles

Los Angeles office of a BCG Attorney Search Top Ranked Law Firm seeks a litigation associate attorne...

Apply Now

Corporate Transactional Partner

USA-CA-Los Angeles

Los Angeles office of a BCG Attorney Search Top Ranked Law Firm seeks a corporate transactional part...

Apply Now

Corporate Transactional Partner

USA-TX-Austin

Austin office of a BCG Attorney Search Top Ranked Law Firm seeks a corporate transactional partner w...

Apply Now

SEARCH IN ARCHIVE

To Top